UnitedHealth Group to advance value-based, home care missions in 2024

UnitedHealth Group to advance value-based, home care missions in 2024

McKnight’s Home Care Daily

November 30, 2023

UnitedHealth Group, the nation’s health largest insurance company, continues to see the home as a key part of the healthcare continuum. During an investor conference Wednesday morning, it touted its commitment to delivering care in the home for its members and raised the stakes for continued growth in the coming years. “This year we will complete more than 10 million home visits and deliver fully accountable care to more than a million dual and chronic special needs patients. That is twice as many as last year,” said Kristy Duffey, chief nursing officer at United’s subsidiary Optum, which provides healthcare, pharmacy services and financial services, during the conference. “You should expect strong growth in the years ahead as we continue to invest in and expand out home care capabilities to provide these critical services.” Home care offerings are one way UnitedHealth seeks to broaden its value-based capabilities, company leaders noted. The firm’s long-term goal is to transition as many people as possible into value-based care, according to Brian Thompson, CEO of the UnitedHealthcare division. The company is using home care to advance this mission. ... The insurance giant, which bought LHC Group and is in the process of acquiring Amedisys, is part of a growing list of companies that are investing heavily in the home care market.

[Editor’s Note: For additional coverage of UnitedHealth Group’s Investor Day, see “Principles Underlying Optum’s Home-Based Care Deals“ in Hospice News and “LHC Group Gets Center-Stage Treatment At UnitedHealth Group’s Investor Day“ in Home Health Care News.]